HP Will Build Factory in the Netherlands

Hewlett-Packard Co., the world’s third-largest personal computer maker, said it will build a PC manufacturing plant in the Netherlands to take advantage of the country’s excellent infrastructure and access to principal European markets. The new facility will employ about 600 people. Cost and exact location of the new plant were not disclosed. The Palo Alto-based company has a printer plant in Amersfoort, the Netherlands. Hewlett-Packard shares closed up 88 cents at $70.50 on the New York Stock Exchange.